If you can calm down and do this, you will likely comprehend some of the underlying truths within two months. The volatility in the cryptocurrency market is so great that just surviving can allow you to make money.
The specific method is to recharge 200 yuan each time, which is about a little over 27 US dollars. Then, aim for 1000 US dollars and operate boldly. No matter what method you use, try to achieve this goal within a continuous period of time.
I have verified that if you immerse yourself in the experience, after about a dozen liquidations over two months, you can complete the last recharge and survive here.
The specific methods for opening and closing positions are not important, at least not the most important. The most important goal during this time is to feel the rhythm of the cryptocurrency market and to find the diverse trading strategies of market makers.
In the process of going from 200 yuan to 1000 US dollars, you will discover some simple trading patterns on your own. What others teach you and what you discover yourself are completely different. The latter can help you at critical moments.
During the last round of the cryptocurrency bull market, in a very short time, I recharged 200 each time and faced liquidation more than ten times in a row. This round of the bull market started in November, and I faced liquidation a few times again; now I can stay afloat without facing liquidation again. I consider that I have already crossed the beginner stage, relying solely on this method. You, in front of the screen, must be one in a million, able to quickly complete this challenge and break through the beginner stage as soon as possible.
Be sure to pay attention to two points: leverage and amount.
High leverage is an extreme play; it's not that it's unfeasible but that the difficulty is too great. Short-term trading involves a trade-off between rapid appreciation and striving for stability. Making money is easy, but sustaining it is very difficult, so I do not recommend all players use a high-leverage strategy.
Secondly, the size of the amount is meaningless at the beginner stage. Start with 200 yuan; if you lose, recharge another 200. Even if you face liquidation 20 times in a row, that's only 4000 yuan. Compared to any other method, spending 4000 yuan as tuition can help you complete the entry into short-term trading in the cryptocurrency market, which is incredibly cost-effective. Moreover, in the initial stage, putting in too much money is essentially just donating to others.
